Nisa boss: Independent retailers face most ‘challenging’ six months in 30 years

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The managing director of Nisa, Peter Batt, has warned that independent retailers will face the toughest six months in 30 years.

In a video interview with property agent Christie & Co, the symbol group retailer boss warned a “choppy six months ahead” for the industry.

“It’s all cyclical; I do believe that in 2024 we will be in a much better position, but that doesn’t help people in 2023,” Batt said.

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Nisa boss: Independent retailers face most ‘challenging’ six months in 30 years

Nisa storefront
// READ MORE ON GROCERY GAZETTE

The managing director of Nisa, Peter Batt, has warned that independent retailers will face the toughest six months in 30 years.

In a video interview with property agent Christie & Co, the symbol group retailer boss warned a “choppy six months ahead” for the industry.

“It’s all cyclical; I do believe that in 2024 we will be in a much better position, but that doesn’t help people in 2023,” Batt said.

Read more on Grocery Gazette


Subscribe to Retail Gazette for free

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Palmer’s may be one of the most familiar names on the bathroom shelf, but behind the cocoa butter bottles is a surprisingly small UK operation.

ET Browne UK, which distributes the American family-owned skincare brand, has grown its sales while keeping its core team to fewer than 20 people.

Now, as a new Tahitian Vanilla range brings younger shoppers to the brand and the company looks to expand further into Europe, the pressure is falling on the supply chain to keep up.

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